“Smart Heating Decarbonization: NovAzure’s Minibems Funding Advice”

NovAzure supports Minibems in its latest professional funding round and ongoing strategic development of the business. The funding provided by SET Ventures and Ascension Ventures (through its social impact fund, Fair By Design) will enable Minibems to build upon its track record to expand in the UK and across Europe.

Minibems CEO & Founder, Finian Parrick said: “We are delighted to secure funding for the growth of Minibems.  NovAzure played a key role in supporting our business through this process. We welcome their expertise and strategic guidance during this pivotal period for the company.”

Andrew Aldridge, NovAzure said: “Minibems is at the heart of the digital transformation of heating networks, with its novel, deep-data driven approach. We look forward to supporting Minibems in its ongoing growth.”

About Minibems

Minibems is an IoT and smart heating solution to de-carbonise the heat network market. The innovative approach delivers a comprehensive and unique heat network management service; leveraging real-time online monitoring and controls to provide energy efficiency gains, remote diagnosis and repairs as well as metering and billing services. Minibems customers benefit from low energy bills, reduction in unplanned maintenance costs and an accurate and easy billing payment.

For more information, please visit www.minibems.com

About NovAzure

NovAzure is a company focused on digital transformation in energy and mobility. NovAzure operates in a triangle between startup/scaleups, investors and corporates: helping startup/scaleup to raise funds and accelerate growth, supporting VCs/CVCs to invest in the right companies and enabling corporates to speed up their own digital energy & mobility journey. NovAzure core mission is to ultimately leverage digital technology to make the world greener for future generations. The company is based in the UK with operations in Europe, Asia and the US.   For more information please visit our website www.novazure.com

For further information please contact:

Andrew Aldridge or Chris Gruen via info@novazure.com

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